Holvi and 1Office cooperation has been discussed between parties for months now and finally we are happy to announce our cooperation with Holvi. Holvi gives you access to business banking with IBAN functionality, which lets you make transfers throughout SEPA region with only a few clicks. Holvi’s business current account has all the payment features of…
Usually bank accounts only work properly in one country and one currency. Wise has launched its borderless bank account that promises to work across countries without charging international transfer fees.
At the end of 2016, Estonian banks announced new restrictions for non-residents hoping to open a bank account. These changes are mainly to combat money laundering. We would like to explain the new procedure to you.
There have been recent updates to the way e-residents can open an Estonian business bank account so the programme is issuing new advice and revealing some of the criteria that can affect the likelihood of an application being accepted or rejected.
1Office is often asked how to open a business bank account in the UK. The following article will give insight into what is needed for opening an account and what are the best options for non-residents. Let’s start off with some good news – 1Office is now cooperating with Wise and therefore starting a company…
The Parliament of Estonia introduced changes in the current legislation, making it easier to open a bank account in Estonia.
Estonia started operating within the Single Euro Payments Area (SEPA) on February 1st, 2014. Reasons for its acceptance were gaining the advantage of an integrated market and simplification of payment solutions for private persons as well as companies. The main change accompanying joining SEPA is that from now on all the account numbers have to…
On July 9th this year the ECOFIN Council approved the Latvian participation in the Economic and Monetary Union (EMU) from January 1st 2014. The Bank of Latvia fixed the exchange rate at 0.702804 already in 2005, one lat being equivalent to €1.42. As of January 1st 2014, financial institutions and stock exchanges will convert electronic…
The ECOFIN Council took the final decisions on the euro adoption in Estonia and confirmed that Estonia is ready and will adopt the euro on 1st of January 2011. 13th of July 2010 Estonia set to switch to euro on 1st of January 2011 The ECOFIN Council took the final decisions on the euro adoption…